Short-term financing typically utilized for the rehabilitation or repositioning of properties.
Property Type: | All Property Types Considered |
Loan Minimum: | $750,000 |
Loan – to – Value: | 75% (Loan-to-Cost 80%) |
DSCR: | 1.25 Once Stabilized |
Recourse: | Full (Partial and Nonrecourse Available for Select Products) |
Fixed Rate Period: | Floating, 6 month, 1 – 5 years |
Term: | 1 – 5 Years |
Amortization: | 20 – 30 Years |
Pre-payment Penalty: | Negotiable |
Interest Only: | Available |
Special Programs: | Rehabilitation, Repositioning, Workouts |
Baypoint Financial Services
13650 Fiddlesticks Blvd Suite 202-322 Fort Myers, FL 33912
©2009 Baypoint Financial Services, Inc.
Tel: 888-507-5885 Fax: 866-817-3332